Pursuant to the regulation 33 of the SEBI (LODR) Regulations,2015, We are submitting herewith un-audited Standalone and Consolidated statement for the quarter ended 30, 2025 as approved ....
Awaiting price reaction for this filing.
AJR Infra and Tolling reported a consolidated profit after tax of Rs 1,10,256 lacs for Q1 FY26, compared to a loss of Rs 6,773 lacs in Q1 FY25. However, this profit is entirely driven by a one-time exceptional gain of Rs 1,11,098 lacs from the settlement of its subsidiary Sidhi Singrauli Road Project (SSRPL) with lenders and the road authority MORTH/MPRDC. Core operations remain weak, with revenue from operations falling to zero (from Rs 1,506 lacs a year ago) and the company posting a loss of Rs 882 lacs before exceptional items. The company's other equity is deeply negative at Rs (2,15,481) lacs, and current liabilities exceed current assets by Rs 98,023 lacs. The auditor issued a qualified conclusion and flagged material uncertainty on going concern, along with multiple emphasis-of-matter notes covering stressed SPV projects, pending litigations and a disputed Rs 1,19,024 lacs corporate guarantee.
The headline profit is a non-recurring accounting gain from debt settlement, not from operating performance, so it should not be read as a turnaround. Underlying business continues to struggle with zero operational revenue, eroded net worth and several stressed subsidiary projects under litigation, making the equity risky despite the one-time book profit.